QuantumLight's First Fund Completes $250 Million Fundraising
According to a report by Jinse Finance, QuantumLight, a quantitative venture capital firm founded by Revolut's founder Nik Storonsky, announced the completion of its first fund with $250 million raised, exceeding the original fundraising target. The fund uses a self-developed AI model, Aleph, for systematic investment decisions, aiming to identify high-potential growth companies. Since its establishment in 2023, QuantumLight has invested in 17 startups across fields such as AI, Web3, FinTech, SaaS, and HealthTech. Additionally, QuantumLight released its second operations manual, "Hiring Top Talent," sharing Revolut's experience in talent recruitment to help startups systematically build efficient teams. (Tech Funding News)
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